Top Searches
- • F MEC International Rewards Investors With 1:10 Bonus Share Issue 14 minutes ago
- • Reserve Bank Seeks Public Input On Capital Adequacy And Investment Fluctuation Reserve Frameworks 21 minutes ago
- • India’s Steel Industry Confronts Rising Energy Costs Yet Maintains Strong Growth Outlook 23 minutes ago
- • Le Merite Exports Splits Shares 1:5 To Boost Liquidity And Investor Access 38 minutes ago
- • Delta Scales Back Expansion As Fuel Costs Surge, Q2 Profit Outlook Weakens 54 minutes ago
- • Trump Escalates Pressure With 50% Tariffs On Nations Arming Iran, Redefining Trade And Security 41 minutes ago
- • European Stocks Skyrocket As STOXX 600 Records Biggest One-Day Rally In Four Years 56 minutes ago
- • GOCL Corporation’s New EMS Facilities At Gummadidala Go Live, Boosting Electronics Manufacturing 58 minutes ago
Morning Market Buzz: Key Updates to Start Your Day
Today's Market at 08:25am
US Market (Futures)
Nasdaq = +6.40
Dow Jones = +12.10
S&P 500 = +8.50
European (Futures)
Ftse 100 = +8.80
Cac 40 = -11.10
Dax = -80.40
Asian
Nikkei 225 = +4.00
ASX 200 = +23.70
Straits Times = -1.85
Hang Seng = -242.93
Taiwan weighted = -201.78
Kospi = -22.99
China A50 = +12.10
Gift Nifty = 22591 (+21)
FII and DII Trading Activity for February 24, 2025 in Cash market:
FIIs: Net Sell of ₹3529.10 crore
DIIs: Net Buy of ₹3030.78 crore
Results Today:
KSB, Sanofi India, and Schaeffler India will release their earnings scorecard on February 27.
Quarterly Earnings:
SpiceJet Q3 ( YoY)
Profit stands at Rs 20.4 crore Vs loss of Rs 298.6 crore
Mergers & Acquisitions:
Bharti Airtel & Tata Group: In discussions to merge Tata Play's DTH business with Bharti Telemedia.
Varun Beverages: Extended acquisition timeline of SBC Beverages Ghana to March 31, valued at ₹127.1 crore.
Geojit Financial Services: Plans to transfer securities broking and related businesses to Geojit Investments.
TV Today Network: Selling FM radio operations (Mumbai, Delhi, Kolkata) for ₹20 crore, expected to close by Jan 2026.
Renewable & Energy Sector:
KPI Green Energy: Signed an MoU with Madhya Pradesh for solar, wind, hybrid, and biomass projects.
Tata Power: Partnering with Assam Government for 5,000 MW of renewable energy with ₹30,000 crore investment.
Adani Green Energy: Secured a 1,250 MW energy storage project from UPPCL for 40 years.
Financial & Capital Market Updates:
Coforge: Board to meet on March 4 to consider share split.
Bharat Electronics: Board to meet on March 5 to decide on an interim dividend.
Utkarsh Small Finance Bank: Approved fundraising up to ₹750 crore via QIP or private placements.
Pharmaceutical & Healthcare:
Dr. Reddy’s Laboratories: Received EIR from US FDA for its API facility in Hyderabad, classified as VAI.
Emcure Pharmaceuticals: US FDA issued two observations after inspecting its Pune API plant.
Caplin Point Laboratories: Subsidiary received US FDA approval for Brimonidine Tartrate & Timolol Maleate eye drops.
Senores Pharmaceuticals: Started manufacturing at its new API plant in Gujarat.
Manufacturing & Infrastructure:
UltraTech Cement: Merger with Kesoram Industries effective from March 2025; setting up a ₹1,800 crore wires and cables plant in Gujarat by Dec 2026.
G R Infraprojects: Signed MoU with Assam Government for a ₹270 crore ropeway project in Guwahati.
Greenpanel Industries: Commissioned MDF plant in Tirupati, Andhra Pradesh, with a capacity of 2,31,000 CBM/year.
Ceigall India: NHAI terminated its ₹1,071 crore Amritsar connectivity road contract; will compensate 1% of contract value.
Corporate & Regulatory Updates:
Waaree Energies: Received a 410 MWp solar module supply order; tax authorities searched its offices.
Delhivery: Faced a ₹5.89 crore tax demand from the West Bengal Government.
Godrej Properties: CBI filed an FIR over environmental clearance violations for its Chandigarh project.
Electronics Mart India: Opened a new multi-brand store in Hyderabad.
Strategic Partnerships & Investments:
Wipro: Committing $200 million to Wipro Ventures for early- to mid-stage startup investments.
Vakrangee: Partnered with Aditya Birla Health Insurance to expand insurance offerings in remote areas.
Manba Finance: Partnered with Bgauss Auto for retail financing.
Government & Public Sector Contracts:
Mahindra EPC Irrigation: Secured ₹11.79 crore micro-irrigation contracts.
Cupid: Received a ₹42 crore order from Tanzania’s Medical Stores Department for male condoms.
Bulk Deals:
TeamLease Services: Goldman Sachs India Equity Portfolio sold 89,314 equity shares in the company at an average price of Rs 1,960 per share.
Generic Engineering Construction and Project:
Divam Sharma bought 2,90,053 shares (0.5% stake) in the company at an average price of Rs 27.86 per share. However, Unlisted Assets Private Limited sold 2,88,029 shares at the same price.
Stock Trades Ex-Date for Rights:
Shri Niwas Leasing and Finance
Stocks in F&O Ban:
Manappuram Finance
Stay Ahead – Explore Now! Power Surge: How Sanjiv Goenka’s CESC Climbed to Elite Stock Status






